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20130418
20130418
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president obama heads to the site of the boston bombings. in today's cover story, a check-up on abbott labs. is the spin-off bringing re-newed health to the drug company? plus, why cupcakes are falling out of "flavor" with consumers. and investors slice off large chunks of apple, leaving the stock trading barely above $400. first business starts now. you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's thursday, april 18th. i'm angela miles. in today's first look: stocks run into tumble trouble. unable to attract a steady stream of investors following dissapointing earnings from bank of america and concerns about apple, the major indicies all fell wednesday, with the dow cooling off 138 points. gold pushed back $14 and oil dropped $1.99 on concerns about soft demand. ebay and american express fell in the after-hours session on mixed earnings results. among the highlights, ebay's forecast was lighter than expected and american express revenue fell short. and according to the beige book, the fed sees moderate growth in th
. an american born in south korea, skim a doctor, a leading global health advocate and winner of a so-called macarthur genius grant. in the late 1980s he demonstrated against world bank policies even calling for its end. last year picked by president obama he became the bank's chief after serving as president of dartmouth college since 2009. i talked with dr. kim at world bank headquarters in washington this morning and b by asking what's new in his goal of attacking poverty. >> we feel the fact that there's still 1.2 billion people living in absolute pove, which is less than $1.25 a day, is a stain on our collective conscience. >> suarez: a stain? >> a stain. over the past 25 years we've made progress. we've gone from 4% of the people living in absolute poverty to 21% today most of that was because china grew so rapidly. but now the tough work remains. what we're seeing is a 1% a year drop in global poverty but what's going to happen is that that curve will flatten out dramatically and what we're saying is we now need to bend that arc downwards and really end poverty and it's going to take a lo
Search Results 0 to 1 of about 2